Y & Y: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Y & Y
Largest movements
- Current investments +€81,573
up €81,573 (+60.4%), from €135,000 to €216,573
- Cash -€57,569
down €57,569 (-41.9%), from €137,462 to €79,893
mainly Current investments (-€81,573) and Receivables within one year (-€6,610)
- Receivables within one year +€6,610
up €6,610 (+85.3%), from €7,749 to €14,359
of which Other amounts receivable: +€6,742
- Reserves +€22,151
up €22,151 (+8.3%), from €266,608 to €288,759
of which Distributable reserves: +€22,151
- Tax, wage and social debts +€7,157
up €7,157 (+219%), from €3,262 to €10,418
- Gross operating margin +€22,675
up €22,675 (+97.8%), from €23,187 to €45,862
- Financial charges +€8,891
up €8,891 (+386%), from €2,302 to €11,193
- Taxes +€4,098
up €4,098 (+50.2%), from €8,167 to €12,265
- Other operating charges +€1,258
up €1,258 (+85.1%), from €1,479 to €2,736
- Financial income +€670
up €670 (+26.9%), from €2,493 to €3,163
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €287,934 | €314,802 | +€26,868 | +9.3% |
| Fixed assets | 21/28 | €4,870 | €2,667 | -€2,203 | -45.2% |
| Tangible fixed assets | 22/27 | €4,870 | €2,667 | -€2,203 | -45.2% |
| Furniture and vehicles | 24 | €4,870 | €2,667 | -€2,203 | -45.2% |
| Current assets | 29/58 | €283,064 | €312,135 | +€29,071 | +10.3% |
| Amounts receivable within one year | 40/41 | €7,749 | €14,359 | +€6,610 | +85.3% |
| Trade receivables | 40 | €4,835 | €4,703 | -€132 | -2.7% |
| Other amounts receivable | 41 | €2,914 | €9,656 | +€6,742 | +231% |
| Current investments | 50/53 | €135,000 | €216,573 | +€81,573 | +60.4% |
| Cash at bank and in hand | 54/58 | €137,462 | €79,893 | -€57,569 | -41.9% |
| Deferred charges and accrued income | 490/1 | €2,853 | €1,309 | -€1,544 | -54.1% |
| Total equity and liabilities | 10/49 | €287,934 | €314,802 | +€26,868 | +9.3% |
| Equity | 10/15 | €282,233 | €304,384 | +€22,151 | +7.8% |
| Contributions | 10/11 | €15,625 | €15,625 | = | 0.0% |
| Reserves | 13 | €266,608 | €288,759 | +€22,151 | +8.3% |
| Non-distributable reserves | 130/1 | €6,354 | €6,354 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,354 | €6,354 | = | 0.0% |
| Distributable reserves | 133 | €260,254 | €282,405 | +€22,151 | +8.5% |
| Amounts payable | 17/49 | €5,701 | €10,418 | +€4,717 | +82.7% |
| Amounts payable within one year | 42/48 | €5,701 | €10,418 | +€4,717 | +82.7% |
| Trade debts | 44 | €2,439 | - | -€2,439 | |
| Suppliers | 440/4 | €2,439 | - | -€2,439 | |
| Taxes, remuneration and social security | 45 | €3,262 | €10,418 | +€7,157 | +219% |
| Taxes | 450/3 | €3,262 | €10,418 | +€7,157 | +219% |
| Non-recurring operating income | 76A | - | €14,000 | +€14,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €680 | -€246 | -26.5% |
| Other operating charges | 640/8 | €1,479 | €2,736 | +€1,258 | +85.1% |
| Gross operating margin | 9900 | €23,187 | €45,862 | +€22,675 | +97.8% |
| Operating profit (loss) | 9901 | €20,783 | €42,446 | +€21,663 | +104% |
| Financial income | 75/76B | €2,493 | €3,163 | +€670 | +26.9% |
| Recurring financial income | 75 | €2,493 | €3,163 | +€670 | +26.9% |
| Financial charges | 65/66B | €2,302 | €11,193 | +€8,891 | +386% |
| Recurring financial charges | 65 | €2,302 | €11,193 | +€8,891 | +386% |
| Profit (loss) for the period before taxes | 9903 | €20,974 | €34,416 | +€13,442 | +64.1% |
| Income taxes | 67/77 | €8,167 | €12,265 | +€4,098 | +50.2% |
| Profit (loss) for the period | 9904 | €12,807 | €22,151 | +€9,343 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,807 | €22,151 | +€9,343 | +73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.